证券代码：002353 证券简称：杰瑞股份 公告编号：2024-084 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、2025 年度预计日常关联交易额度 （一）日常关联交易概述 1、概述 根据日常生产经营的需要，烟台杰瑞石油服务集团股份有限公司及合并报表范围内子公 司（以下统称"公司"或"杰瑞股份"）2025 年度与关联方发生日常关联交易总额度预计为 8,000 万元，其中： （1）与公司实际控制人控制的企业（以下统称"实控人关联公司"）发生日常关联交 易总额度预计不超过 5,000 万元，其中从实控人关联公司采购商品及接受劳务等预计不超 过 4,770 万元，向实控人关联公司出售商品及提供劳务等预计不超过 230 万元。 烟台杰瑞石油服务集团股份有限公司 关于2025年度预计日常关联交易额度的公告 （2）与烟台德美动力有限公司（以下简称"烟台德美动力"）发生日常关联交易总额 度预计不超过 3,000 万元，其中从烟台德美动力采购商品及接受劳务等预计不超过 1,800 万 元，向烟台德美动力出售商品及提供劳务等预计不超过 1,200 万元。 截至 202 ...

议案内容请见巨潮资讯网（http://www.cninfo.com.cn）。 二、 审议并通过《关于使用自有闲置资金进行现金管理的议案》 证券代码：002353 证券简称：杰瑞股份 公告编号：2024-083 烟台杰瑞石油服务集团股份有限公司 第六届监事会第十八次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 2024 年 12 月 25 日，烟台杰瑞石油服务集团股份有限公司（以下简称"公司"）第六届 监事会第十八次会议在公司五楼会议室以现场方式召开。会议通知已于 2024 年 12 月 21 日 通过专人送达、邮件方式送达给监事，会议应到监事 3 人，实到监事 3 人。会议召开符合《公 司法》及《公司章程》的规定。会议由监事会主席史海宁先生召集并主持，全体监事经过审 议，以记名投票方式审议通过了： 一、 审议并通过《关于 2025 年度预计日常关联交易额度的议案》 表决情况：3 票同意，0 票反对，0 票弃权。 经审议，监事会认为：日常关联交易是公司及子公司正常经营行为，符合公司及子公司 实际经营需要，关联交易遵循了"公平、公正、公允"的原则， ...

烟台杰瑞石油服务集团股份有限公司 环境、社会和公司治理（ESG）管理制度 第一章 总则 第一条 为进一步加强烟台杰瑞石油服务集团股份有限公司（以下简称"公 司"）环境、社会和公司治理（ESG）管理，推动 ESG 职责履行，根据《中华人民 共和国公司法》《中华人民共和国证券法》《上市公司治理准则》《深圳证券交易 所上市公司自律监管指引第 17 号——可持续发展报告（试行）》等有关法律法规、 规范性文件及《烟台杰瑞石油服务集团股份有限公司章程》（以下简称"《公司章 程》"）的相关规定，结合公司实际情况，公司制定本制度。 第二条 本制度所称的 ESG 职责，是指公司在经营发展过程中应当履行的环 境（Environmental）、社会（Social）和公司治理（Governance）方面的责任和 义务，主要包括对自然环境和资源的保护、社会责任的承担以及公司治理的健全 和透明。 第三条 本制度所称利益相关方，是指其利益可能受到公司决策或经营活动 影响的组织或个人，包括客户、股东（投资者）、供应商、债权人、员工、合作 伙伴、社区组织、相关政府与监管部门等。 第三章 ESG 管理机构与职责 第十条 公司建立 ESG 管理体 ...

烟台杰瑞石油服务集团股份有限公司 董事、监事和高级管理人员持有和买卖本公司股票管理制度 第一章 总则 第一条 为加强对烟台杰瑞石油服务集团股份有限公司（以下简称"公司" 或"本公司"）董事、监事、高级管理人员持有和买卖本公司股票的管理，根据 《中华人民共和国公司法》（以下简称《公司法》）《中华人民共和国证券法》 （以下简称《证券法》）《上市公司董事、监事和高级管理人员所持本公司股份 及其变动管理规则》《深圳证券交易所上市公司自律监管指引第 10 号——股份 变动管理》《深圳证券交易所上市公司自律监管指引第 18 号——股东及董事、 监事、高级管理人员减持股份》等法律、法规、规范性文件以及《公司章程》的 有关规定，结合公司的实际情况，特制定本制度。 第二条 本制度适用于公司的董事、监事、高级管理人员持有和买卖本公司 股票的管理。 第三条 公司董事、监事、高级管理人员所持本公司股份，是指登记在其名 下和利用他人账户持有的所有本公司股份；从事融资融券交易的，其所持本公司 股份还包括记载在其信用账户内的本公司股份。 第四条 公司董事、监事和高级管理人员在买卖本公司股票及其衍生品种前， 应知悉《公司法》《证券法》等法律 ...

证券代码：002353 证券简称：杰瑞股份 公告编号：2024-082 烟台杰瑞石油服务集团股份有限公司 第六届董事会第二十次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 2024 年 12 月 25 日，烟台杰瑞石油服务集团股份有限公司（以下简称"公司"）第六 届董事会第二十次会议在公司五楼会议室以现场及通讯表决方式召开。会议通知已于 2024 年 12 月 21 日通过专人送达、邮件方式送达给董事、监事，会议应到董事 9 人，实到董事 9 人，其中董事孙伟杰、王坤晓因公出差以通讯表决方式出席，监事列席会议。会议召开符合 《公司法》及《公司章程》的规定。会议由董事长李慧涛先生召集并主持，全体董事经过审 议，以记名投票方式审议通过了： 一、 审议并通过《关于 2025 年度预计日常关联交易额度的议案》 表决情况：5 票同意，0 票反对，0 票弃权。关联董事孙伟杰、王坤晓、刘贞峰、王继 丽回避表决。 四、 审议并通过《关于制定<市值管理制度>的议案》 表决情况：9 票同意，0 票反对，0 票弃权。 公司独立董事于董事会审议本事项前，已召开独立董事 ...

证券代码：002353 证券简称：杰瑞股份 公告编号：2024-081 烟台杰瑞石油服务集团股份有限公司 关于公司董事长、总裁、副总裁增持股份计划时间过半的进展公告 李慧涛先生、李志勇先生、路伟先生保证向本公司提供的信息内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 一、 增持计划的基本情况 基于对公司经营发展的信心及对公司长期投资价值和未来持续发展前景的充分认可，烟 台杰瑞石油服务集团股份有限公司（以下简称"杰瑞股份"或"公司"）董事长李慧涛先 生、总裁李志勇先生、副总裁路伟先生（以下统称"增持主体"）计划自 2024 年 9 月 19 日 起 6 个月内，使用自筹资金通过深圳证券交易所交易系统以集中竞价方式增持公司股票，增 持金额合计不低于 700 万元（人民币，下同）且不超过 900 万元。具体情况详见公司 2024 年 9 月 19 日披露于巨潮资讯网的《关于公司董事长、总裁、副总裁增持股份计划的公告》 （2024-067 号，以下简称"增持计划公告"）。 截至 2024 年 12 月 19 日，本次增持计划时间已过半， ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The potential for conventional oil and gas extraction is declining, with shale oil and gas becoming the mainstay for future reserves and production in China. In 2023, China's shale oil production exceeded 4 million tons, marking a significant increase in its share of total oil production from 0.4% in 2018 to 1.9% [2][17] - The bidding for electric fracturing equipment is primarily led by China National Petroleum Corporation (CNPC), and the company is expected to maintain a winning record due to its technological advantages. In 2023, over 70% of CNPC's fracturing equipment bids were for electric fracturing equipment, with the company being the top candidate for two batches of three sets of electric fracturing equipment for CNPC in the second half of 2024 [2][19] - The company is entering a harvest period for its Middle East market layout, having successfully completed a 2.7 billion yuan project in 2023. It has signed several significant contracts in 2024, including a gas field development contract in Iraq and multiple projects in Bahrain and the UAE, showcasing its growing brand recognition and trust in its capabilities [2][25] Summary by Sections Domestic Oil and Gas Market - Conventional oil and gas extraction potential is decreasing, leading to a focus on unconventional oil and gas development. Shale oil production in China has shown rapid growth, with a compound annual growth rate (CAGR) of 24% from 2015 to 2023 [2][17] Electric Fracturing Equipment - The company is positioned to benefit from the increasing demand for electric fracturing equipment, with a significant portion of CNPC's bids focused on this technology. The company has a clear technological edge over competitors in this sector [2][19] International Expansion - The company is leveraging its EPC (Engineering, Procurement, and Construction) capabilities to expand internationally, particularly in the Middle East. The successful completion of major projects has enhanced its reputation and is expected to improve its overall profitability and cash flow [2][25] Financial Forecast and Investment Recommendation - The report forecasts the company's net profit for 2024-2026 to be 2.7 billion, 3.3 billion, and 3.7 billion yuan respectively, with a corresponding price-to-earnings (P/E) ratio of 13, 11, and 9 times [2][31]

Group 1: Company Overview - Yantai Jereh Petroleum Service Group Co., Ltd. is actively expanding its overseas operations and enhancing its production capacity in international markets [2] - The company has established a presence in North America since 2008, with ongoing capacity expansion in its facilities [2] - Jereh is also developing a new production and office base in Dubai, UAE, to better serve the Middle East market [2] Group 2: Impact of International Oil Prices - Stable high international oil prices lead to increased exploration and development activities, boosting demand for drilling and completion equipment [2] - Government policies promoting oil and gas production further enhance market demand for related services [2] Group 3: Natural Gas Equipment Business - The demand for natural gas equipment has surged due to the growing consumption of natural gas as a clean energy source [2] - Jereh has secured multiple large project orders globally, resulting in rapid growth in natural gas equipment orders [2] - The company has tripled its production capacity for natural gas compressor units through the establishment of the Jereh Natural Gas Industrial Park [2] Group 4: Applications of Natural Gas Compressors - Jereh's natural gas compressor units are widely used in various fields, including underground gas storage, natural gas transmission, and LNG liquefaction [3] - The company offers integrated solutions from research planning to after-sales service in the natural gas industry [3] Group 5: Electric Fracturing Equipment Advantages - Jereh's electric fracturing equipment offers advantages over traditional diesel-driven equipment, including higher power and lower operational costs [3] - The company has received multiple orders for electric fracturing equipment in North America, indicating strong market recognition [3] Group 6: Middle East Market Strategy - The Middle East is a key strategic market for Jereh, with a comprehensive business layout across various oil and gas sectors [3] - The company has established long-term partnerships with major clients like Saudi Aramco and ADNOC, enhancing its market presence [3] - Recent project orders from state-owned oil companies in Iraq and Bahrain reflect Jereh's growing influence in the region [3]

Summary of the Conference Call on Jerry Holdings Company Overview - The conference call focused on Jerry Holdings, a company in the oil and gas equipment sector, particularly emphasizing its overseas expansion and equipment sales [1][2][3]. Key Industry Insights - The U.S. election results have a complex impact on the gaming equipment sector, with potential short-term benefits due to increased supply to lower oil prices, but concerns about long-term demand if prices drop [1]. - The oil and gas equipment industry is characterized by a strong correlation between active well numbers and equipment orders, indicating a more stable demand compared to other mechanical sectors [6][7]. Core Arguments and Recommendations - The recommendation logic for Jerry Holdings is based on increasing overseas and equipment sales, with a projected growth rate of over 20% to 30% [2][3]. - The company is currently undervalued, with expectations of significant earnings improvement in Q4 and a strong performance anticipated in Q5 of the following year [2][3]. - Jerry Holdings maintains a gross margin above 40%, which is notably high for the machinery industry, indicating strong profitability potential [6][7]. Financial Performance and Projections - The company’s order growth is projected to be between 45% to 50%, exceeding market expectations, particularly due to the inclusion of EPC (Engineering, Procurement, and Construction) contracts [5][21]. - The domestic market is expected to stabilize, with significant orders already secured, despite initial low expectations due to economic conditions [14][28]. Regional Market Dynamics - The Middle East is highlighted as a significant opportunity for Jerry Holdings, with strategic partnerships and increasing importance in the oil and gas supply chain [15][17]. - The company has successfully penetrated the Middle Eastern market, with a notable increase in orders and a growing share of the market [15][18]. - North America presents a smaller but important market, with potential for growth driven by supply increases under favorable political conditions [23][26]. Competitive Landscape - Jerry Holdings faces competition from major players like Schlumberger and Halliburton in the Middle East, but has established itself as a key supplier through rigorous certification processes [19][20]. - The company’s ability to navigate regulatory challenges and maintain a competitive edge in technology and service offerings is crucial for its success [20][27]. Conclusion - The overall recommendation for Jerry Holdings is based on its strong growth potential, undervaluation, and resilience against oil price fluctuations, making it a compelling investment opportunity [28].

Investment Rating - The report gives a "Buy" rating for the company, predicting a strong growth trajectory in the coming years [2][151]. Core Insights - The company is a leading private oilfield service equipment manufacturer in China, expanding into high-end markets in the U.S. and the Middle East [1][14]. - The company has demonstrated strong cross-cycle growth capabilities, with a CAGR of 22.99% in revenue and 18.47% in net profit from 2010 to 2023 [1][32]. - The oil service industry is experiencing a recovery, with increased capital expenditures expected in both domestic and international markets [1][45]. - The company has made significant progress in overseas markets, particularly in North America and the Middle East, establishing long-term partnerships with major oil companies [1][41][130]. - The company forecasts net profits of 26.99 billion, 31.42 billion, and 36.95 billion yuan for 2024, 2025, and 2026, respectively, with corresponding PE ratios of 14X, 12X, and 10X [1][151]. Summary by Sections Company Overview - The company was founded in 1999 and has evolved from selling imported oilfield equipment to developing and manufacturing specialized oilfield equipment [1][14]. - It has a comprehensive business model that includes equipment manufacturing, oilfield services, and environmental solutions [1][19]. Financial Performance - From 2010 to 2023, the company's revenue grew from 944 million yuan to 13.915 billion yuan, while net profit increased from 282 million yuan to 2.454 billion yuan [1][32]. - The company has maintained a stable growth trajectory, with a notable increase in revenue and profit during periods of high oil prices [1][32]. Industry Outlook - The oil service industry is expected to see increased demand due to high upstream capital expenditures in both domestic and international markets [1][45]. - The report highlights a favorable environment for oilfield services, driven by rising oil prices and increased exploration and production activities [1][74]. Market Expansion - The company has successfully penetrated the North American market, achieving significant sales and establishing a strong presence [1][41]. - In the Middle East, the company has formed strategic partnerships with major oil companies, enhancing its market share in high-end equipment manufacturing [1][130]. Profit Forecast and Valuation - The company projects steady growth in net profit over the next three years, with a focus on improving margins through increased overseas sales [1][151]. - The report provides a comparative analysis of PE ratios with similar companies in the industry, indicating a favorable valuation for the company [1][149].